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Hile
Hile and his family live in northern Albania and he is in his mid-40s, and married with three young children, ages 13, 10 and 8 years old, who are going to school.

For the past 18 years, Hile, a talented welder, has been sustaining his welding business that has brought a decent income to him and his family. He has established a wide and steady clientele throughout the region.

Hile is requesting a loan of 150,000 ALL (Albanian Lek) from VisionFund Albania to purchase different electrodes, a welding mask and other tools that will help him do more work and perform faster, without putting himself at risk for injuries.

Additional Information

About VisionFund Albania

VisionFund Albania is a micro-finance subsidiary of child hunger nonprofit World Vision International. Striving to improve child welfare, the organization offers a variety of loan products designed for rural, traditionally underserved clients and their families. These products include agriculture, business and household improvement loans, as well as "integration loans" targeted to help the poorest, most vulnerable Albanian households acquire value chain resources.

While VFA is focused on the empowerment of the poor overall, it pays special attention to women. About 60% of loans to entrepreneurs on Kiva go to women.

About Albania

  • $7,800
    Average annual income
  • 36
    View loans »
    Albania Loans Fundraising
  • $2,421,000
    Funds lent in using Kiva
  • 108.4
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Hile to buy different types of electrodes, a welding mask and other tools needed in welding.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014